Video: Obama Inflates FICO Credit Scores To Fuel Lending

Known as the gatekeeper of consumer credit, Fair Isaac may be losing that role to federal regulators and activists eager to reopen the floodgates on lending to shaky borrowers. Bowing to pressure from Washington, the San Jose, Calif.-based Fair Isaac (FICO) has agreed to tweak its widely used credit-risk scoring model to give a break to consumers with debts that have gone into collections. The ...

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